In the latter half of May, foreign funds favored telecom, services, capital goods, and consumer goods, with telecom experiencing significant inflows due to the Singtel-Bharti Airtel deal. Conversely, IT saw the largest outflows amid concerns about the US economy and geopolitical shifts. Investors realigned portfolios, recognizing unwarranted sell-offs in services and FMCG sectors due to a rural demand pickup.
LME approves Adani’s major copper smelter in India as listed brand
The London Metal Exchange has approved Adani Copper for delivery against its contracts, enabling warrant issuance from July 10. Produced by Adani Enterprises’ Kutch Copper
July 3, 2026